Contingent security has to be stipulated
Contingent security has to be stipulated
- 1991
- Chartered Surveyor Weekly 37 (3) 17 October 1991, 78(1) .
"Rockeagle Ltd v Alsop Wilkinson" CA 3 July 1991 decision held that a firm of solicitors holding a deposit on a contract for the sale of land as stakeholder does not acquire any contigent security for money owed to them by their client. Discusses implications for solicitors.
DEPOSIT MONIES
STAKEHOLDERS
"Rockeagle Ltd v Alsop Wilkinson" CA 3 July 1991 decision held that a firm of solicitors holding a deposit on a contract for the sale of land as stakeholder does not acquire any contigent security for money owed to them by their client. Discusses implications for solicitors.
DEPOSIT MONIES
STAKEHOLDERS